3 stocks yielding greater than 5% you need to know about

Don't settle for low-interest rates when there are far greater gains to be made.

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Gaining exposure to solid, fully franked dividend yields is one of the best ways investors can boost their wealth over the long term. When combined with increasing stock prices, the results can be truly incredible over the long term and can help deliver S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) market-smashing returns.

Here are three high-yielding stocks that would make for excellent additions to your portfolio today…

1)  SKYCITY Entertainment Group Limited-Ord (ASX: SKC) is a fantastic alternative to Crown Resorts Ltd (ASX: CWN). Compared to Crown's 2.4% yield, Skycity is expected to distribute 19.8 cents per share, which equates to a 5.8% yield.

2)  Coca-Cola Amatil Ltd (ASX: CCL) has been out of the market's favour over the past year due to short-term issues facing the business. However, the long-term is looking as bright as ever and shareholders can enjoy its tasty 6.5% grossed up dividend yield.

3)  Super Retail Group Limited (ASX: SUL) is also well worth checking out for exposure to the retail sector. While the stock is still sitting well below its 52-week high, its yield is certainly looking more appealing at 3.9%, fully franked. Grossed up, that's a juicy 5.5% yield.

The Motley Fool's number 1 dividend stock – yours FREE!

Each of the companies mentioned above have the potential to deliver market-beating returns over the coming years.

Motley Fool contributor Ryan Newman owns shares in Coca-Cola Amatil Ltd.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »